Daffy Charitable Fund is a 501(c)(3) organization based in Los Altos, California, registered in 2021, with $197,184,036 in FY2024 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
Revenue (FY2024)
$197.2M
▲ 88.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$40.2M
Net assets
$334.2M
Employees
0
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Daffy Charitable Fund: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Daffy Charitable Fund: 100 mo reserves · +80% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Daffy Charitable Fund: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Daffy Charitable Fund: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Daffy charitable fund's mission is to help people be more generous, more often.
Revenue grew from $9.5M (FY2021) to $197.2M (FY2024) across 4 reported years.
Financial snapshot
Operating margin
79.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$334.5M
Total liabilities
$295K
Net assets
$334.2M
Salaries & benefits
$0
0% of expenses
Board members
3
3 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $197,184,036▲88.8% | $40,201,570▲312% | $334,188,937▲145% | $334,483,489▲146% | 990 |
| 2023 | $104,423,818▲456% | $9,746,992▲166% | $136,145,953▲574% | $136,151,980▲574% | 990 |
| 2022 | $18,765,502▲98.4% | $3,659,381▲1531% | $20,186,381▲122% | $20,202,721▲122% | 990 |
| 2021 | $9,459,488 | $224,321 | $9,088,063 | $9,088,563 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Adam Nash | President | 1 | — |
| Edward Park | Treasurer | 4 | — |
| John Lilly | Director | 1 | — |
| Lorie Lambert | Secretary | 1 | — |
| Minnie Ingersoll | Director | 1 | — |
51 grants to Daffy Charitable Fund totaling $47.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Silicon Valley Community Foundation | General nonprofit support | 2024 | $7,500,000 |
| National Christian Charitable Foundation | Giving and generosity | 2024 | $597,177 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $221,515 |
| United Jewish Foundation | To support charitable giving | 2024 | $200,000 |
| American Endowment Foundation | Philanthropy | 2024 | $148,925 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $140,650 |
| Austin Community Foundation | General support | 2024 | $127,798 |
| Ayco Charitable Foundation | Community & human services | 2024 | $120,200 |
| Greater Horizons | Public, societal benefit | 2024 | $86,817 |
| Paypal Charitable Giving Fund | General support | 2024 | $56,210 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $23,612 |
| National Charitable Endowment Inc | General charitable use | 2024 | $23,297 |
| American Online Giving Foundation Inc | General support | 2024 | $9,650 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $8,222 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $13,030,668 |
809 grants totaling $35.1M in FY2024 — showing the 15 largest. All grants made by Daffy Charitable Fund →
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund | General support of mission | $3,345,997 |
| Muslim Community of Folsom | General support of mission | $3,192,800 |
| Heroic Hearts Project Inc | General support of mission | $1,175,000 |
| The Church of Jesus Christ of Latter-day Saints | General support of mission | $1,011,917 |
| The Earth Species Project | General support of mission | $1,005,000 |
| Silicon Valley Community Foundation | General support of mission | $1,000,000 |
| Infinite Node Foundation | General support of mission | $700,000 |
| Central Fund of Israel | General support of mission | $676,360 |
| The Board of Trustees of the Leland Stanford Junior University | General support of mission | $586,081 |
| University of California San Francisco Foundation | General support of mission | $536,871 |
| Make A Difference Ministries Inc | General support of mission | $525,100 |
| Centerpointe Church Inc | General support of mission | $406,000 |
| Good Food Institute Inc | General support of mission | $365,500 |
| Wake Forest University | General support of mission | $350,000 |
| Oshman Family Jewish Community Center | General support of mission | $345,857 |
Explore more
Data for Daffy Charitable Fund (EIN 86-3177440) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.